IPO News

NSE IPO draws 'unexpectedly large' demand, anchor book tops ₹6,000 cr: CEO

NSE's Ashishkumar Chauhan said demand for the IPO significantly exceeded shares available, while the anchor book was reduced from about ₹9,000 crore to over ₹6,000 crore

Glass Wall, Kanohar eye 25-35% listing pop; Prasol Chem may see weak debut

Kanohar Electricals IPO commanded a 36 per cent GMP and led against Glass Wall Systems and Prasol Chemicals.

NSE IPO: Beyond the hype, 10 strengths and 10 risks to consider

The IPO is proposed to list on September 24, with anchor bidding scheduled for September 16.

Tata Sons' listing: Charter changes, disclosure scrutiny and OFS in focus

Tata Sons may challenge the RBI's decision, which could affect the listing timeline, while legal experts flag charter changes, disclosures and an OFS

August IPOs strike gold as listing gains top 100%, investor base expands

Eighteen mainland IPOs raised ₹28,976 crore and carry ₹2.48 lakh crore of market value - 8.6 times the capital raised.

Pranav Constructions IPO set for debut after 120x subscription; GMP at 36%

Pranav Constructions IPO GMP: Shares of Pranav Constructions were trading at ₹169 in the unofficial market ahead of stock market debut.

NSE IPO: SBI, BoB among 10 shareholders set to pocket ₹16,500 crore profit

State Bank of India (SBI) could pocket ₹2,849 crore or a 2,23,025 per cent gain from NSE IPO's listing.

Manika Plastech IPO: Analysts say 'subscribe' on strong growth, capex drive

Manika Plastech IPO is a book build issue of ₹125.50 crores. The issue is a combination of fresh issue of 2.15 crore shares and offer for sale of 76.74 lakh shares.

NSE IPO: From peak of ₹2,400 to price band of ₹1,700-₹1,785; what changed?

NSE IPO price band: The upper end of the IPO price band, ₹1,785, is around 26 per cent lower than the record high of around ₹2,400 and 6 per cent below the current unlisted market price of ₹1,990.

NSE IPO countdown: India's biggest exchange heads to D-St; key details here

The NSE IPO is purely an offer-for-sale issue, meaning none of the proceeds will go to the exchange; instead, early investors are offloading their stake.

As NSE, Jio eye listings, what are India's biggest share offerings?

The offer-for-sale, which does not include any fresh capital being raised, will ​value NSE at close to $46 billion, which would make it the ​country's third-largest IPO

NSE IPO price band set at ₹1,700-1,785; bidding from September 17

NSE IPO price band: The National Stock Exchange (NSE) has set the price band at ₹1,700-1,785 per share for its much-awaited IPO.

Sonaselection India IPO to open on Sep 17, price band set at ₹94-99/share

The company's maiden public offer is scheduled to open on September 17and conclude on September 21.The bidding for anchor investors will take place on September 16

Veegaland Developers IPO: Analysts split on realty developer; here's why

Veegaland Developers IPO is a book build issue of ₹210 crores. The issue is entirely a fresh issue of 1.50 crore shares.

NSE slashes IPO valuation target 15% as world's biggest options boom fades

Investors raised concerns over NSE's growth prospects after regulatory curbs cooled India's derivatives market, forcing the exchange to lower its maximum IPO valuation target ahead of listing

Hero Motors' ₹1000-crore IPO to open on Sept 16; price band at ₹79-₹84

The three-day IPO will open on September 16, with the auto parts maker planning to raise ₹600 crore through fresh shares and ₹400 crore through an offer for sale

NSE IPO likely to be priced at ₹1,700-1,800, OFS may be trimmed to 5.25%

The OFS-only issue may be smaller than earlier envisaged as some shareholders prefer to wait for a potentially better price after listing, sources said

ARCIL IPO: Why analysts are mixed on ₹733-crore offer; GMP at 21%

Asset Reconstruction IPO price band is set at ₹132 to ₹139 per share. Investors can apply for one lot of 107 shares and its multiples thereof.

NSE IPO may shrink to ₹25,000-27,000 crore as investors pull back from OFS

The reduced OFS could bring down the overall issue size to ₹25,000-27,000 crore, compared with the earlier estimate of ₹30,000 crore

Manipal Payment IPO: Analysts say 'subscribe' for listing gains; GMP at 10%

Manipal Payment IPO review: Analysts have recommended a 'Subscribe' rating on the issue for listing gains. The current GMP stands at 10 per cent.